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Big Law

Walgreens Sells Its Remaining Stake in Option Care Health for About $330 Million

Walgreens Boots Alliance announced last week it has sold its remaining stake in home infusion provider Option Care Health for about $330 million.

The pharmacy chain said it divested 10.8 million shares to pay down its debt and support its strategic goals as it works to become a “consumer-centric healthcare company.”

Walgreens has already reduced its stake in other companies this year. It previously sold 15.5 million shares of Option Care in March and cut its stake in AmerisourceBergen in May.

Read the source article at healthcaredive.com

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